Real Estate Titan Compares Tax Slogan to Slurs

Real estate magnate Steve Roth criticized New York Mayor Zohran Mamdani’s proposal for a pied-à-terre tax, comparing the call to ‘tax the rich’ to racial slurs. Roth argued that the criticism is ‘hateful’ and likened it to the phrase ‘from the river to the sea.’ The controversy has impacted a planned development project involving Vornado Realty Trust and Citadel, with potential delays and concerns raised about political violence.

Summarized from the sources above. Read the originals for the full story.